This 2nd edition will provide a comprehensive guide to setting up and operating hedge funds. It will cover all the key legal, regulatory, and tax matters that need to be considered and covered when setting up a fund. The new edition is fully updated to cover the AIFMD and the Dodd Frank Act in the US.

This title covers:

• All the key legal, regulatory and tax matters that need to be considered and covered when setting up and operating different types of fund
• All the implications of the Alternative Fund Managers’ Directive (AIFMD), which regulates EU hedge fund managers for the first time, and other EU initiatives
• The regulatory initiatives of the US including the impact of the Dodd Frank Act on transparency and accountability in the hedge fund industry
• The rules relating to hedge fund reporting requirements
• The requirement for hedge funds to appoint a depository under the AIFMD
• Coverage of the legal and regulatory regimes relating to hedge funds in key jurisdictions
• The regulator’s enforcement regime as it applies to hedge fund managers
• The rules and regulations governing the marketing of hedge funds in key jurisdictions